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Webster Financial Corporation is the holding company for Webster Bank, N.A. and Webster Insurance. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, the insurance premium finance company Budget Installment Corporation, Webster Capital Finance, and provides health savings account trustee and administrative services through HSA Bank of Sheboygan, Wisconsin, a ...
Sterling Bancorp was an American regional bank holding company that owned Sterling National Bank.It merged into Webster Bank in February 2022.. Prior to the Webster merger, Sterling National Bank provided a full range of banking and financial services to business owners, their families, and consumers, primarily in the greater New York metropolitan and Hudson Valley regions.
While rise in expenses and contraction of net interest margin hurt Webster Financial's (WBS) Q4 earnings, growth in deposit and loan balances provide some support.
Notable increases in NII and fee income drive Webster Financial's (WBS) top-line growth in Q3. Yet, high expenses and a rise in provisions have been the undermining factors.
Webster Financial's (WBS) Q3 results reflect higher fee income, elevated expenses and provisions along with margin pressure. Webster Financial (WBS) Q3 Earnings Top, Stock Up 11.2% Skip to main ...
Webster Financial (WBS) Q4 earnings benefit from increase in revenues supported by loan growth and decreased margin pressure. However, higher expenses pose a concern. Webster Financial (WBS) Stock ...
It was a Connecticut state-chartered bank that in 2019 had $7.34 billion in assets, over 800 employees and 58 banking locations throughout Connecticut, Massachusetts and Rhode Island. United Financial Bancorp, Inc., the Bank’s Holding Company, traded on the NASDAQ Global Select Stock Market under the ticker symbol “UBCP”.
Webster Financial's (WBS) organic and inorganic growth efforts, along with cost-control and sound capital-deployment activities, make it worth betting on.